30 Central Street, Farmington, NH, 03835 | $359,900

This well maintained multi family home offers an excellent opportunity for investors or owner occupants looking to capitalize on a prime location just steps away from downtown Farmington. Situated on a corner lot this property boasts so much charm. This property consists of 2 bright and spacious units, each offering ample living space, comfortable layouts, tons of storage and private entrances. Enjoy spending time outside on the farmers porch or rooftop deck. There is also plenty of parking for each unit with a paved driveway and garage. This must-see property has a brand-new roof. Long term tenants are currently renting the 1st floor, but the 2nd floor is vacant. Whether you're looking to generate rental income or reside in one unit while renting out the other, this property offers great potential for both. Located just a short walk from downtown Farmington where you can enjoy the convenience of local amenities such as stores and restaurants. Enjoy all the benefits of small town living while being just a short drive from Rochester, the lakes region and all that the Seacoast has to offer.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full
  • Units: 2
  • Style: Duplex
  • Year Built: 1900
  • Garage: 2-car Garage
  • Heating: Oil,Electric,Hot Air,Stove - Pellet
  • Cooling: None
  • Basement: Unfinished
  • Approx Sq. Feet: 2,232
  • Acreage: 0.17
  • Est. Taxes: $4,844
  • Lot Desc: Level,Sidewalks,Near Public Transportatn,Near School(s)
  • Elem. School: Valley View Community Elem
  • Middle School: Henry Wilson Memorial School
  • High School: Farmington Senior High School
  • School District: Farmington Sch Dist SAU #61
  • MLS#: 5024393
  • Website: https://www.raveis.com
    /prop/5024393/30centralstreet_farmington_nh?source=qrflyer
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Listing courtesy of East Key Realty   Phone: 603-787-3155
Listing Agent: Jill Colby Re

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30 Central Street, Farmington, NH, 03835

$359,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $287,920 $287,920 $287,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 7.133% 6.256%
Monthly Tax Payment $404 $404 $404
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,940 $1,914 $2,428
Total Monthly Payment $2,419 $2,393 $2,907

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.